The European Central Bank (ECB) will stress test a total of 99 directly supervised banks in 2023. ECB supervisors will examine 57 of the euro area's largest banks, which were selected to cover broadly 75% of the area's banking assets, as part of the 2023 EU-wide stress test coordinated by the European Banking Authority (EBA).
The Hong Kong Monetary Authority (HKMA) today (31 January) issued the consultation conclusion to the discussion paper on crypto-assets and stablecoins (the “Consultation Conclusion”), summarising the feedback received in relation to the paper and the HKMA's response.
Plaid has released a series of recommendations to the Consumer Financial Protection Bureau (CFPB) in response to the Bureau's call for stakeholder feedback on its strong consumer financial data rights proposal.
A new report released has claimed that the UK, the first mover and, until now, seen as a global leader in Open Banking will lose that leadership position this year unless drastic action is taken.
A new industry-backed report [1] from TheCityUK finds that financial regulatory authorisations at the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) can be slow, inefficient and unpredictable.
Salv, a regtech startup startup founded by a gaggle of former Wise and Skype staffers, has raised €4 million in a seed round extension led by ffVC and joined by G+D Ventures.